SENIOR FINANCE EXECUTIVE

Description

We are seeking a highly skilled and detail-oriented Senior Finance Executive to join our dynamic finance team. The ideal candidate will possess 3-7 years of relevant experience and will be responsible for overseeing key financial operations, ensuring accurate financial reporting, and supporting overall financial management.

Responsibilities

• Material Pricing and Documentation: Update material prices in the system upon receiving revision notices from planning, ensuring proper approvals are in place.
• Banking and Investment Monitoring: Monitor and manage weekly bank balances and investment statuses to optimize financial resources.
• Document Review: Review and verify documentation for Business Applications (BA) to ensure completeness and accuracy.
• Stock Computation: Perform closing stock computations to ensure accurate inventory valuation.
• Management Accounts: Prepare detailed management accounts in Excel format for internal reporting and analysis.
• Journal Entries: Ensure all journal entries are appropriate, accurate, and have the necessary approvals.
• Expense Analysis: Analyze significant variances in expenses reported in management accounts to identify underlying issues.
• Balance Sheet Schedules: Prepare and maintain detailed schedules for each balance sheet item.
• Liquidity Management: Ensure sufficient funds are available to meet daily liability payments and manage cash flow effectively.
• Banking Relations: Handle all banking-related matters, including transactions and communications.
• SST Payments: Prepare and submit Sales and Service Tax (SST) payments to Customs Malaysia.
• Audit and Tax Liaison: Coordinate with auditors and tax agents for year-end financial reporting and compliance.
• Month-End Closing: Manage month-end closing activities for Accounts Receivable (AR) to ensure accurate financial reporting.
• Online Banking Collections: Review and update daily collections from online banking systems.
• Customer Follow-Up: Follow up with sales personnel regarding overdue amounts from customers to ensure timely collection.
• Ad-Hoc Tasks: Assist with various ad-hoc tasks and projects as needed.
• Stock Cost Analysis: Conduct detailed stock cost analysis to assess inventory costs and profitability.
• Inventory/WIP Reconciliation: Reconcile inventory and Work-in-Progress (WIP) accounts, ensuring accurate expense allocation to respective departments.
• ERP System Management: Prepare Debit Notes (DN) and mould invoices within the ERP system.
• Forex Rate Updates: Update and manage foreign exchange rates in the accounting system on a monthly basis.
• Customer Statements: Provide Statements of Account (SOA) to customers as required.
• Year-End Stock Take: Participate in year-end stock take activities to verify inventory levels.
• Budget Assistance: Assist in the preparation and monitoring of budgets to support financial planning.

Skills and Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• 3-7 years of relevant finance and accounting experience.
• Strong proficiency in Excel and accounting software (e.g., ERP systems).
• Excellent analytical and problem-solving skills.
• Attention to detail with a high degree of accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.

Forecasting, Financial Analysis, Budgeting, Taxation, Financial Reporting, Risk Management